REI Lense

REI Lense

Watertown, SD Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Watertown, SD. Based on 10+ datapoints.

Watertown, SD Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

6%

Avg Cash on Cash

-2.3%

Median Cashflow

-$93/mo

Avg Rent Estimate

$2,532/mo

Avg Price

$273,920

Price Range

$114,900 - $465,800

Rent to Price

0.92%

okay ratio

Positive Cashflow

38%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Watertown, SD

Watertown, SD is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -2.3%.

Across 10+ analyzed properties, Watertown, SD mid-term rental investments show a median monthly cashflow of -$93 with average furnished rent estimates of $2,532/month. These figures reflect real property data, not projections.

200 S Lake Dr, Watertown, SD 57201

Price

$465,800

Rent

$2,847

CachFlow

-$1,065

CoC

-11.03

Full Analysis

1313 N Broadway St, Watertown, SD 57201

Price

$290,600

Rent

$2,986

CachFlow

$140

CoC

2.13

Full Analysis

2202 10th Ave SW, Watertown, SD 57201

Price

$114,900

Rent

$2,526

CachFlow

$992

CoC

28.26

Full Analysis

225 4th Ave SW, Watertown, SD 57201

Price

$192,900

Rent

$2,086

CachFlow

$81

CoC

1.66

Full Analysis

115 20th St NW, Watertown, SD 57201

Price

$315,400

Rent

$2,744

CachFlow

-$161

CoC

-2.29

Full Analysis
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Watertown, SD Mid-Term Rental Market Insights

  • Median cashflow is -$93/month — careful deal selection is essential here
  • 6% median cap rate reflects a balanced risk-return profile
  • At 38% positive cashflow rate, Watertown, SD requires selective property picks
  • Moderately priced market with properties from $114,900 to $465,800
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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